Fortifying Ukraine: inside Europe’s €90 billion support plan

World European UnionrussiaTop Newsukraine Fortifying Ukraine: inside Europe’s €90 billion support plan Eu Commission Chief Holds Press Conference On Defense Package Relevant News Fortifying Ukraine: inside Europe’s €90 billion support plan 24 August 2026 On this day: Yelena Isinbayeva sets new women’s pole vault record in 2004 24 August 2026 500-year-old oak leads Paphos’s smart tourism trail 24 August 2026 Theodosis Pipis 24 August 2026 FacebookXWhatsAppEmailPrintViber On Ukraine’s Independence Day, 24th August, the European Commission approved €6.1 billion in additional defence procurement to support Ukraine. The funding will be used to purchase air and missile defence systems, missiles, ammunition and radar equipment, reinforcing Europe’s continued commitment to helping Ukraine withstand Russia’s ongoing aggression. European Commission President Ursula von der Leyen said the decision demonstrates that European support for Ukraine remains strong and practical. She stressed that, as Russia increases its attacks, Europe is expanding its assistance to help Ukraine protect its population and defend its airspace. The new funding is part of the €90 billion Ukraine Support Loan (UASL) and comes at a time when Russia has intensified its use of ballistic missiles and drones. Ukraine recorded 376 missile attacks in July alone, highlighting the growing need to strengthen its defensive capabilities. The latest approval brings the total value of procurement plans already approved to €16 billion. Of this amount, €8.35 billion has already been distributed, helping ensure that Ukraine receives essential military equipment in a timely manner and in sufficient quantities. The majority of the newly funded equipment will be purchased from European Union defence manufacturers. In response to Russia’s increased deployment of ballistic missiles and jet-powered drones, the Commission has called for EU countries and industries to accelerate deliveries. This includes using existing stockpiles, adjusting current orders and increasing production capacity. The speed at which Ukraine can obtain essential defence equipment remains crucial to its ability to protect itself. Under the Ukraine Support Loan, €30 billion is allocated for budgetary assistance and €60 billion for defence during 2026–2027. Of the defence funding, €28.3 billion is planned for 2026, with the aim of strengthening Ukraine’s domestic defence industry and expanding its ability to produce critical military equipment. Read more: Wartime election would ‘destroy’ Ukraine, Zelenskiy says Subscribe to our Newsletter Latest News On this day: Yelena Isinbayeva sets new women’s pole vault record in 2004 500-year-old oak leads Paphos’s smart tourism trail Things to do on Monday, August 24 Abandoned but valuable: what Cyprus could do with 30,000 empty buildings Protected Lara turtle beach dispute intensifies as illegal umbrellas, tents defy law Limassol scooter rider critically injured in collision with motorcycle (video) 23 months of work needed for a home deposit in Cyprus, report finds Follow en.philenews on Google News and be the first to know all the news about Cyprus and the world.